$224,900
Albany, NY 12202
MLS# 202622352
Status: Pending
8 beds
1 / 28
Property Description
Welcome to 132 4th Ave, a fully updated brick two-family offering an excellent opportunity for both investors and owner-occupants. Each spacious unit features 4 bedrooms, beautifully updated kitchens and bathrooms, modern finishes throughout, and ductless mini splits for efficient heating and cooling. The first-floor unit is currently rented at $1,880 per month, while the vacant second-floor unit offers immediate occupancy or strong additional income potential with an estimated market rent of approximately $1,880 per month. With 8 total bedrooms, a solid brick exterior, and both units already updated, this property is positioned to generate approximately $3,760 per month in total rental income at market rents. Whether you're looking to expand your investment portfolio or live in one unit while collecting income from the other, this turnkey two-family is ready to go.
Details
Maps
Documents
Contract Information
Status: Pending
Property Sub Type: Duplex
Original List Price: 224900
List Price: $224,900
Current Price: $224,900
Listing Contract Date: 2026-07-22
List Price/SqFt: 146.04
Location
Street Number: 132
Street Name: 4th
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12202
City/Town (Mail): Albany
Geo Lat: 42.639507
Geo Lon: -73.760582
Property Detail
Rooms Total: 8
Bedrooms Total: 8
Bathrooms Full: 2
Year Built: 1892
Above Grade Finished Area: 1540
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 1540
Lot Size Acres: 0.03
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Family Room Y/N (Units): Both Units
Parking Y/N: No
Status Change Info
Status Change Date: 2026-08-05
Under Contract Date: 2026-07-30
Proposed Closing Date: 2026-08-31
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Photos - the contractual owner of the photos
Photo Owner: Broker
Special Listing Conditions
Ownership: 6Pr6 12 F17 LLC
Income And Expenses
Rental Income: 45120
Rental Income Description: Yearly
Separate Utilities
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Unit Information
Number Of Dryers: 1
Number Of Refrigerators: 2
Number Of Stoves: 2
Number Of Washers: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1880
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: 12 Months
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 4
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 1880
Rent Description Unit 1: Actual
Lease Term Unit 1: 12 Months
Total Bedrooms: 4
Bedrooms on 1st Floor: 4
Total Full Baths: 1
Full Baths 1st Floor: 1
Dining Rooms 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd
Occupant Type MF Unit 2: Vacant
Monthly Rent MF Unit 2: 1880
Rent Desc. MF Unit 2: Estimated
Lease Term MF Unit 2: Other
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 4
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 1880
Rent Description Unit 2: Estimated
Lease Term Unit 2: Other
Occupant Type Unit 2: Vacant
Total Bedrooms: 4
Bedrooms on 2nd Floor: 4
Total Full Baths: 1
Full Baths 2nd Floor: 1
Dining Rooms 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Property Features
Architectural Style: Traditional
Attic Features: Hatch
Basement: Full; Unfinished
Construction Materials: Brick
Cooling: Ductless
Duplex Type: Up And Down
Exterior Features: Other
Fencing: Back Yard
Heating: Electric; Forced Air; Heat Pump
Interior Features: Built-in Features; Ceramic Tile Bath; High Speed Internet; Open Floorplan; Stone Countertops
Laundry Features: Common Area
Lot Features: Cleared
Owner Pays: Sewer; Snow Removal; Trash Collection
Parking Features: None
Possession: At Closing; Subject To Tenant Rights
Roof: Flat
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: Lockbox; Showing Service; Sign on Property
Special Listing Conditions: Other
Tenant Pays: Electricity; Gas; Heat; Hot Water
Property Condition: Updated/Remodeled
View: Downtown
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Dining Room Type: Combined DR/LR
Unit 1 Appliances: Range; Refrigerator
Unit 1 Amenities: Cable Available; Ceramic Tile; High Speed Internet
Unit 2 Owner Furnish Features: Sewer; Snow Removal; Trash; Water
Unit 2 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 2 Dining Room Type: Combined DR/LR
Unit 2 Appliances: Range; Refrigerator
Unit 2 Amenities: Built-in Features; Cable Available; Ceramic Tile; High Speed Internet
Taxes 
Listing Courtesy of Clancy Real Estate
Listing Agent: Kevin Clancy
518-461-9937 | kclancy514@gmail.com
518-461-9937 | kclancy514@gmail.com
